Cryptocurrency's Buyback And Burn Strategy Explained
Today's Coffee & Crypto explores the two best ways to stabilise the volatile cryptocurrency market, namely buyback and burn. While buyback removes crypto assets from circulation to adjust availability and can buy them back, coin burning is the act of sending tokens to an unusable wallet address, where they are lost forever. Founder and CEO of Bru Finance Ashish Anand and Chief Blockchain Architect at Wrapped Asset Project Rohas Nagpal explain these two terms further, and how they can be best employed to control the unpredictable crypto market.
